Chevron and Tethys forge new lubricants venture in Nigeria
Chevron Brands International LLC and Tethys Ltd have entered into a Branded Business Development Agreement to boost the production and distribution of Texaco-branded lubricants in Nigeria. This alliance is set to provide Nigerian motorists and industries with an array of high-quality automotive and industrial lubricants, including engine oils, transmission fluids, and hydraulic fluids under the Texaco, Havoline®, and Delo® brands.
Pat McCloud, general manager of Chevron Europe Finished Lubricants, expressed confidence in the partnership, citing Tethys’ marketing prowess in Nigeria. “We’re embarking on a significant venture with Tethys to supply top-tier Texaco-branded lubricants,” McCloud said. “This collaboration is a continuation of Texaco’s longstanding presence in Nigeria and aligns with our commitment to meet the evolving demands of the Nigerian market.”
Chevron, a major global energy corporation and the second-largest oil and gas entity in the United States, is renowned for its extensive production of premium base oil. The company’s in-house development of Texaco-branded lubricants ensures control over the entire production process. Chevron’s stature as a leading additives developer and finished lubricants marketer is supported by a network of 10 facilities and 25 blending plants worldwide.
Habib Bello, managing director of Tethys Ltd, shared his enthusiasm for the exclusive licensing agreement. “Our alliance with Chevron for Texaco-branded lubricants is a testament to our commitment to providing superior lubricant solutions in Nigeria,” Bello said. “We’re poised to distribute Texaco-branded products across the nation, reinforcing our goal to make these lubricants a staple in Nigerian households.”